NZ’s productivity stagnation requires a long-term plan from politicians. Here’s how
- Written by Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago
In the ups and downs of the global economy over the last decade, New Zealand has had one relatively consistent challenge: persistent productivity stagnation.
Productivity compares the amount of goods and services produced (output) with the amount of inputs used to produce them.
Since the Productivity Commission was set up in 2011, annual...
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